What Caratred does

Caratred is a private software services company founded in 2016, operating transatlantically with a US headquarters entity in Wilmington, Delaware, and delivery offices in Hyderabad and Mangalagiri, India. The firm delivers custom software development, data warehousing, business intelligence, and cloud computing services spanning IaaS, PaaS, and SaaS, with a stated vertical specialization in the hospitality industry. Its enterprise client roster includes Accor Hotels, Hyatt, Radisson, Green Park Hotels, and Jaypee Hotels, and it markets certified cloud developers with five-plus years of industry experience as its primary delivery asset.

The company also operates a product business organized around the Ezy Suite platform, which integrates Ezyinvoicing (invoice management) and Ezy GST (GST compliance) modules, alongside CLBS and a Frappe-based HRMS offering. Caratred maintains technology partnerships with Frappe (open-source framework) and Hewlett Packard Enterprise (HPE), which underpin both its services delivery and packaged products. The firm uses a sales-led, direct-to-enterprise go-to-market approach, with no publicly disclosed pricing, no announced funding rounds, and an unverified ownership structure. Its product portfolio and multi-office footprint suggest a transition underway from pure custom development toward repeatable software products, though commercial scale of these products is not evidenced in the available data.

Name

Caratred

Legal name

Caratred

Website

https://caratred.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Caratred is a private custom software development and cloud services firm founded in 2016, serving enterprise hospitality clients including Accor, Hyatt, and Radisson from offices in India and the US, with an emerging Ezy Suite product line spanning invoicing, GST, and HRMS.

Ownership category

akta.pro rank

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Custom Software Development: Bespoke software development services creating customized solutions, data warehouses, and business intelligence for enterprise clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Caratred provides custom software development, cloud computing, and product development services primarily to enterprise clients in the hospitality sector. The company also delivers data warehousing, business intelligence, and 2D animation services, and sells its own software products including Ezyinvoicing, Ezy GST, Ezy Suite, and CLBS.

Product overview

Caratred offers a platform-plus-modules architecture centered on the Ezy Suite, which integrates invoicing and GST compliance through its Ezyinvoicing and Ezy GST components. Additional products include CLBS and Frappe HR (HRMS), a human resource management system. The company also provides product development and cloud computing services, including expertise in IaaS, PaaS, and SaaS solutions. Caratred specializes in customized software development, datawarehouse building, and business intelligence, serving industry-specific needs with a focus on the hospitality sector.

Differentiator

Problem solved

Functional benefit

Brands

• Ezyinvoicing: Invoice management solution
• Ezy GST
• Ezy Suite
• CLBS
• Frappe HR

Products and services

• Custom Software Development
• Cloud Computing Services

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Cognizant: Global IT services firm with a strong hospitality and travel vertical practice providing custom software, cloud, and data engineering services to enterprise customers, directly comparable to Caratred's services and vertical focus.
• Tata Consultancy Services (TCS): Largest Indian IT services company offering custom software development, cloud, and enterprise application services globally, with deep hospitality and travel vertical exposure — directly comparable in service line to Caratred.
• LTIMindtree: Mid-to-large Indian IT services firm providing custom application development, cloud, and digital engineering services to enterprise clients, comparable in services profile to Caratred.
• Wipro: Global IT services firm headquartered in India delivering custom development, cloud, data, and BI services to enterprise customers, including travel and hospitality clients, comparable to Caratred's core offerings.
• Infosys: India-headquartered global IT services and consulting firm providing custom software development, cloud, and digital transformation to enterprise clients across industries including hospitality, mirroring Caratred's services model at vastly larger scale.
• HCL Technologies: India-based global IT services and engineering company with custom application development, cloud, and data services practices serving enterprise clients, similar in services portfolio and delivery model to Caratred.
• Mphasis: India-based IT services company offering custom software development, cloud, and data services to enterprise customers in verticals including travel and hospitality, similar in profile to Caratred.

Broad incumbents

• Oracle Hospitality: Hospitality technology arm of Oracle offering PMS, OPERA, and cloud-based property management software used by many global hotel chains — a broad incumbent whose customer base overlaps with Caratred's hospitality clients.
• Infor: US-headquartered enterprise software vendor with a dedicated hospitality ERP/cloud suite, representing the broader incumbent Caratred would compete against or integrate with in hospitality software deployments.

Emerging players

• Zoho: India-origin software company that publishes a broad suite of business applications (Zoho Suite), conceptually similar to Caratred's Ezy Suite productization strategy, and demonstrates the SaaS-suit trajectory Caratred could follow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Caratred